Deutsches Studentenwerk

Health Insurance is an insurance policy that ensures that you get cashless treatment or expense reimbursement, in case you fall ill. Apollo Munich Health Insurance has received numerous positive reviews and ratings for its health insurance plans and policies, which have been ranked as the best plans in the health insurance industry by several of India’s most popular publications such as The Economic Times” and The Hindustan Times”.

Employees in positions covered by the University’s bargaining agreement with AFSCME Unit B are eligible for coverage under the UMass Amherst/AFSCME Unit B (UMA/Unit B) health insurance plan effective the Sunday following completion of six (6) weeks of work consisting of thirty (30) or more hours per week.

Our health benefit plans, dental plans, vision plans, life and supplemental plans, workplace voluntary benefit products, long term disability plans, and short term disability plans have exclusions, limitations, and terms under which the coverage may be continued in force or discontinued.

Additionally, these plans must comply with mental health and substance use parity requirements, as set forth in MHPAEA, meaning coverage for mental health and substance abuse services generally cannot be more restrictive than coverage for medical and surgical services.

This new system avoids the two pitfalls of adverse selection and moral hazard associated with traditional forms of health insurance by using a combination of regulation and an insurance equalization pool Moral hazard is avoided by mandating that insurance companies provide at least one policy which meets a government set minimum standard level of coverage, and all adult residents are obliged by law to purchase this coverage from an insurance company of their choice.